More
    HomeEcosystem NewsWESTERN AFRICA

    WESTERN AFRICA

    Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform

    Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.

    Winich Farms Raises $3 Million to Scale Operations and Technology Amid Nigeria’s Agritech Boom

    This marks the second major funding round for Winich Farms, founded in 2020 by brothers Riches and Winner Attai and co-founder Chichebem Jibunoh

    US SEC Files Heavy Fraud Charges Against Nigerian Accountants Linked to Tingo Fintech

    The charges against Oyebola follow a recent final judgment against Dozy Mmobuosi, the Nigerian entrepreneur who once led Tingo, a fintech company that claimed to revolutionize the agritech sector in Africa.

    US Mounts Pressure on Nigeria over Detained Binance Executive Following Founder’s Release

    Nigeria’s Economic and Financial Crimes Commission (EFCC), which oversees Gambaryan’s case, has dismissed these claims as exaggerated, blocking a recent attempt to secure bail for the executive.
    spot_img

    Keep exploring

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    100 Faces, 160,000 Attacks: Inside the Industrialised Fraud Machines Targeting Africa

    In the weeks following Nigeria and Ghana’s festive travel season — the period known locally as Detty December — a wave of chargebacks was filed in January 2025, predominantly initiated from abroad.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    Latest articles

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    OneBank: Egypt’s $114m State-Backed Digital Challenger Gets the Final Green Light

    Building a digital bank in a strictly regulated market requires deep pockets, and Banque Misr has heavily capitalized the venture.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.